Isuzu Motors has said it plans to raise its stake in its joint venture with Russia’s Sollers to 45% from 29% to strengthen its presence in the local commercial vehicle market.
Isuzu said in a statement cited by Reuters it would buy part of Sollers’ 66% stake in the venture.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Auto Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now